American Industrial Partners

AIP Claims Ownership Of GFG Alliance’s Duffel Aluminium Rolling Plant In Belgium

AIP Claims Ownership Of GFG Alliance’s Duffel Aluminium Rolling Plant In Belgium

An investment firm in a legal battle with Sanjeev Gupta’s GFG Alliance said this week that it is now the owner of the biggest aluminium smelter on the European continent. American Industrial Partners said that GFG Alliance’s default on its debt with...

Events

GFG Alliance In Talks With Glencore Over Refinancing Aluminium Assets’ Debt

The struggle to keep Gupta Family Group Alliance’s assets funded continued last week as its head Sanjeev Gupta continued talks with Glencore plc to refinance the debt of GFG Alliance’s aluminium assets in Europe. Sources told AlCircle over the weekend that Glencore is in talks with GFG Alliance to refinance its over US$500 million in […]